Golden Ocean Group Limited Cash Flow - Quarterly (NASDAQ:GOGL)

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$9.04 $0.13 (1.42%) GOGL stock closing price Jun 19, 2018 (Closing)

The Golden Ocean Group Limited cash flow statement is one of the important reports considered by investors doing a fundamental analysis of the company. While its important to look at the Golden Ocean Group Limited debt position, the cash flow statement becomes equally important because public companies use accrual accounting. For example, if a company sells a product which gets counted as Golden Ocean Group Limited revenue but does not convert to cash because it does not receive payment in the same quarter, it affects the cash position for that period. Golden Ocean Group Limited had cash and cash equivalents of $212.94M at beginning of the quarter and $358.38M at quarter end of 2018 Q1. Golden Ocean Group Limited cash flow analysis tells whether or not the company has enough cash for its day to day activities, and for investing for future growth. Golden Ocean Group Limited saw a outflow of $-151.87M from investing activities till 2018 Q1.

View and download details of Golden Ocean Group Limited cash flows for latest & last 40 quarters
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Quarterly
Annual
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Fiscal year is Jan - Dec2018 Q12017 Q42017 Q32017 Q22017 Q12016 Q42016 Q32016 Q22016 Q12015 Q4
Net Income Cash Flow
16.68M-2.34M-29.47M-29.84M-17.87M-127.71M-26.73M-107.45M-68.23M-220.83M
Depreciation Depletion Amortization Cash-Flow24.44M98.16M72.51M47.41M22.87M91.38M24.52M43.87M21.77M76.6M
Net Increase (Decrease) in Assets Liabilities-12.78M-7.13M-14.28M-15.93M-3.73M-6.44M--8.71M-1.67M-
Cash From (used in) Discontinued Operations----------
Other Adjustments Net-4.85M7.77M8.64M2.95M19.71M-2.26M35.84M26.56M129.37M
Net Cash from (used by) Operating Activities
28.54M93.53M36.52M10.29M4.21M-23.05M-4.22M-36.44M-21.57M-14.82M
Increase (Decrease) in Prop Plant And Equipment-152.1M-25.35M-152.12M-122.54M-112.48M-169.69M-19.45M-154.91M-113.6M-137.29M
Acquisition Disposition of Subsidiaires---------129.08M
Increase (Decrease) in Investments--1M6.25M-1M--0.62M--0.62M-0.62M-32.15M
Other Cash Inflow (Outflow) from Investment Activities---12.79M-14.28M-2.42M-4.98M2.27M-20.78M-11.83M152.93M
Net Cash from (used by) Investment Activities
-151.87M-26.03M-158.66M-137.82M-114.91M-175.31M-17.17M-176.32M-126.06M112.56M
Issuance (Purchase) of Equity Shares-122.52M58.18M58.18M58.25M205.35M-205.35M205.35M-
Issuance (Repayment) of Debt Securities123.95M-93.62M-25.06M-20.89M48.83M104.23M-11.07M116.47M93.24M-33.51M
Increase (Decrease) in Bank & Other Borrowings----------
Payment of Dividends & Other Cash Distributions-14.43M---------
Other Cash from (used by) Financing Activities--0.3M----0.89M--0.89M--3.82M
Net Cash from (used by) Financing Activities
109.73M28.58M33.12M37.28M107.08M308.68M-11.07M320.92M298.59M-37.34M
Effect of Exchange Rate Changes on Cash----------
Net Change in Cash & Cash Equivalents
-13.6M96.08M-89.01M-90.24M-3.61M110.32M-32.47M108.15M150.96M60.39M
Cash & Equivalents at Beginning of Year212.94M102.61M42.22M98.25M79.25M46.84M56.77M7.96M77.99M82.14M
Cash & Equivalents at Year End358.38M309.02M123.92M122.69M209.33M212.94M178.29M210.77M253.58M102.61M
All figures in USD. M: Millions of USD, B: Billions of USD.
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The statement of cash flows comprises of cash flow from financing, cash flow from operations and cash flow from investing activities. All the three can have an impact on the stock price. The Golden Ocean Group Limited stock price history and Golden Ocean Group Limited stock comparison chart inevitably reflect its cash flow situation.

  • Net Change in Cash and Cash Equivalents: A positive net change in cash and cash equivalents shows that Golden Ocean Group Limited is able to meet its expenditure and grow cash at hand which demonstrates the financial strength of the company's balance sheet. Also see - Golden Ocean Group Limited stock price movement.
  • Cash Flow from operating activities: Golden Ocean Group Limited reported a positive operating cash flow of $28.54M till 2018 Q1 and has seen a decrease from the previous quarter. Operating cash flow comes from main business activities. Investors look for positive cash flow from recurring operating activities.
  • Cash Flow from investment activities: This includes buying/selling of land and equipment, acquisitions and mergers, sell-off, investment in other companies like buying bonds, stocks etc., and was $-151.87M for GOGL till last quarter 2018 Q1 report.
  • Cash flow from financing activities shows the flow of cash between Golden Ocean Group Limited and its owners and creditors and was $109.73M till 2018 Q1. Financing activities allow a company to raise capital, and repay bondholders.

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